Wisconsin Banking Update
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WBA: Banks Wrongly Portrayed
Posted on January 10th, 2009 No commentsWisconsin banks have tightened up lending amid the financial crisis, but they’re not hoarding cash like Washington pundits charge, a panel from the Wisconsin Bankers Association said in a conference call with the media. Banks are “squeaky clean compared to the squishy segments in the mortgage investment industry with which they’re sometimes wrongly lumped,” the Green Bay Press-Gazette reported.
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